Alphabet Inc. (NASDAQ: GOOG, GOOGL) reported its fourth quarter 2025 earnings results today.
Consolidated revenues increased 18% year-over-year, or 17% in constant currency, to $113.8 billion, reflecting strong momentum across the business and acceleration in growth in Google Services and Google Cloud.
Net income increased 30% to $34.5 billion and EPS increased 31% to $2.82 compared to last year.
Google Services revenues increased 14% to $95.9 billion, led by growth in Google Search & other, Google subscriptions, platforms, and devices, and YouTube ads.
Google Cloud revenues increased 48% to $17.7 billion.
“It was a tremendous quarter for Alphabet and annual revenues exceeded $400 billion for the first time. The launch of Gemini 3 was a major milestone and we have great momentum. Our first party models, like Gemini, now process over 10 billion tokens per minute via direct API use by our customers, and the Gemini App has grown to over 750 million monthly active users. Search saw more usage than ever before, with AI continuing to drive an expansionary moment.” – Sundar Pichai, CEO
